Bitcoin Key Indicators Suggest A Strengthening Case For Move Below $40K

Bitcoin failed to stay above the $43,000 support against the US Dollar. BTC is trading in a bearish zone and could continue to move down below $41,200. Bitcoin is struggling to climb above the $42,500 and $42,800 resistance levels. The price is trading below $43,000 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $42,800 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair could start a major increase if there is a clear move above…

FTX announced as naming rights sponsor of Australian Blockchain Week 2022

FTX Trading Limited (FTX) will be the naming rights sponsor for Australian Blockchain Week 2022, which will run from March 21 to 25. Blockchain Australia is the peak industry network in Australia, bringing together industry, academia and government to discuss the opportunities of blockchain technology. I’m incredibly excited to announce @FTX_Official as the Naming Rights Sponsor for Blockchain Week 2022. A huge to @SBF_FTX for your support of the Australian ecosystem pic.twitter.com/B6cUWaTWIE — Steve Vallas (@stevevallas) January 17, 2022 Over 200 speakers across 75 events will present at Australian Blockchain…

Crypto.com expands venture arm to $500 million to back early-stage web3 startups – TechCrunch

Crypto.com, a popular cryptocurrency exchange, has extended its venture arm’s fund size to $500 million as it looks to more aggressively back early-stage startups to help the nascent ecosystem grow, following similar moves by rivals Binance, Coinbase and FTX. The broadening of Crypto.com Capital comes less than a year after the Singapore-headquartered firm unveiled its maiden fund of $200 million. The fund, unlike those of many of its rivals, has no LPs (meaning, it’s fully financed by the firm’s balance sheet.) The maiden fund, whose individual checks run up to…

Web3 will break the Y Combinator business model, and Blockzero Labs is betting big on it

The “accelerator” model of startup investing has proven to be hugely successful over the years. Adding technical and marketing support to a relatively small amount of funding turned out to be the most efficient way to get a significant return on investment, benefiting both the investors and the startups. Take, for example, Y Combinator. The company is by far the most successful startup investor in the U.S.—the combined valuation of all companies that passed through the Y Combinator accelerator surpassed $400 billion in 2021. The company invested in some of…

Structure to Develop Mobile App to Drive DeFi Adoption

Global trading platform Structure, which aims to facilitate crypto-based lending and investing for mobile users, just raised $20 million from investors and from a private sale of its digital currency $STXR. The company will offer decentralized finance (DeFi) crypto-denominated lending outside of traditional banking, as well as investing in tokenized assets, digital versions of assets such as stocks and real estate. Of course, Structure isn’t the only company looking to gain a stake in the nascent but fast-growing crypto lending space. While retail investors don’t have access to private token…

TIGER INU 2022 Hits Web3.0 for Chinese New Year

Groningen, Netherlands–(Newsfile Corp. – January 17, 2022) – TIGER INU 2022 cryptocurrency releases roadmap for Chinese New Year. TIGER INU 2022 is a Sino-Western project created by two developers from the Netherlands and Philippines in December of 2022. The objective of TIGER INU 2022 is to serve as a payment cryptocurrency for projects from Asia, Europe and Americas. Following a tweet from a famous influencer the project got worldwide attention and the community grew to over 20’000 members. The Chinese new year crypto currency The Tiger is the third animal…

Andros Wong – How Wonder is Changing the Future of Work Through Web3

(Photo : Andros Wong) Andros Wong used to work as a software engineer at multiple companies on the Bay Area: Facebook, Coil, Ripple, just to name a few. Today, he’s rewiring how people look at collaborative work through his startup, Wonder. The entrepreneur managed to raise close to three million for his startup, which has a huge following on both Discord and on their waitlist. Wonder allows users to set parameters within the platform instead of allowing all access like many other task management systems do. As DAOs are decentralized,…

Pakistan’s president calls for more training in blockchain technology

Arif Alvi, currently serving as the president of Pakistan, called for additional training in emerging technologies including blockchain, artificial intelligence and cybersecurity while meeting with a delegation of blockchain technology experts. In a Monday announcement, Alvi said Pakistan’s talent pool should be ready to meet the needs of the Fourth Industrial Revolution, which includes utilizing blockchain technology in the public and private sectors. According to the Pakistan president, the technology could be used as a government tool to track transactions, reduce corruption and increase transparency. Among the panel of experts…

Crypto.com Suspends Withdrawals Following 'Unauthorized Activity'

Cryptocurrency exchange Crypto.com suspended withdrawals on its platform on Monday following reports from users of “unauthorized activity.” The Hong Kong-based firm announced via Twitter early on Monday that it would be pausing withdrawals shortly while it investigated reports of suspicious activity on users’ accounts. All funds were safe, it said. Several hours later, the exchange issued an update advising users were required to sign back into their accounts and reset their two-factor authentication (2FA). At around 16:00 UTC, CEO Kris Marszalek tweeted that final checks were being made prior to…

MEXC Global to List GARI Network, Supporting a Creator Economy in Web3 Era

The leading digital asset and cryptocurrency trading platform MEXC Global, will list GARI Network ($GARI) on the M-Day session, where users have a low-cost opportunity to invest early in project tokens. $GARI is the social token of the Chingari App, where people can acquire and engage with customized videos, extensive music library, hyper-realistic AR filters, and content in over 20 languages over the world. Fast Growing Social Platform Traditional digital entertainment solutions are short of meeting numerous users’ needs for low-cost, fast, customized fun-feed with a wide range of options.…